Bitcoin Nears $100K, Ordinals Boom, and More — Week in Review
Bitcoin Nears $100K, Ordinals Boom, RLUSD at LMAX, Institutional Crypto Shift, and more in this Week in Review. Week in Review Bitcoin pushed above $97,000 on Jan.
With bitcoin priced at $95,101 on Sunday, its market cap holding strong at $1.89 trillion, and a 24-hour trading volume humming at $19.02 billion, traders are watching a tight intraday range between $94,869 and $95,543 like hawks. The mood? Restless. The charts are calling out indecision with the subtlety of a marching band.
Fresh money poured back into US spot Bitcoin ETFs this week, giving the market a clear jolt after a quiet month. The inflows totaled about $1.42 billion, the biggest weekly pickup since early October. That rush pushed prices higher for a time and pulled a lot of attention back to these regulated funds.
January 18, 2026, 1:00 pmFrom macro tailwinds to trillion-dollar rails, the 50T Funds founder sees real-world adoption reshaping the crypto landscape.
January 18, 2026, 1:00 pmBitcoin Nears $100K, Ordinals Boom, RLUSD at LMAX, Institutional Crypto Shift, and more in this Week in Review. Week in Review Bitcoin pushed above $97,000 on Jan.
Steak ’n Shake has moved $10 million of Bitcoin onto its corporate balance sheet, a fresh step in the fast-food chain’s crypto push. According to reports, the purchase equals about 105 BTC at current prices, and the company says all customer Bitcoin receipts feed into a so-called Strategic Bitcoin Reserve.
What changed behind the scenes?
By mid-January, open interest in Bitcoin options rose to about $74.1 billion, edging past Bitcoin futures open interest of roughly $65.22 billion. Open interest is the stock of outstanding contracts that have not been closed or expired, so it measures position inventory, not trading activity.
Bitcoin prices continue to consolidate within the $95,000 zone following the pullback in the latter part of the past week. The premier cryptocurrency is experiencing a bullish January performance marked by a net gain of 11.42% since the new year commenced. However, the effects of the extended price correction from Q4 2025 linger.
Bitcoin price has shown mild bearish pressure in recent sessions as global markets remain uncertain and traders adopt a cautious stance. BTC has struggled to build strong upside momentum, yet downside remains contained. Notably, strong demand for spot Bitcoin ETFs suggests investor positioning may be shifting toward a more constructive outlook.
Steak ‘n Shake adds $10,000,000 in BTC to its Strategic Bitcoin Reserve while reporting higher same‑store sales.
Recent market action highlights a widening gap between crypto assets and legacy financial markets.
Justin Bons, the founder and CIO of CyberCapital, has laid out a blunt and unsettling view of where Bitcoin could be headed over the next decade.